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Consider a retailing firm with a net profit margin of 3.4%, a total asset turnover of 1.86total assets of $43.1 million, and a book value
Consider a retailing firm with a net profit margin of 3.4%, a total asset turnover of 1.86total assets of $43.1 million, and a book value of equity of $17.5 million What is the firm's current ROE? If the firm increased its net profit margin to 3.9%, what would be its ROE? If, in addition the firm increased its revenue by 18% what would be its ROE?
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